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Lloyds Banking Group PLC 10% Potential Upside Indicated by Morgan Stanley

Lloyds Banking Group PLC using EPIC/TICKER code (LON:LLOY) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Lloyds Banking Group PLC are listed in the Financials sector within UK Main Market. Morgan Stanley have set a target price of 75 GBX on its stock. This indicates the analyst now believes there is a potential upside of 10.0% from today’s opening price of 68.16 GBX. Over the last 30 and 90 trading days the company share price has increased 1.52 points and increased 1.33 points respectively. The 1 year high stock price is 73.58 GBX while the 52 week low for the stock is 61.81 GBX.

Lloyds Banking Group PLC has a 50 day moving average of 67.16 GBX and the 200 Day Moving Average price is recorded at 67.49. There are currently 71,967,368,421 shares in issue with the average daily volume traded being 115,070,511. Market capitalisation for LON:LLOY is £49,299,805,203 GBP.

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